Continuing Professional Development (CPD) Policy
The Society undertakes to assure the public in the quality of professional services of HKRFP members. The Continuing Professional Development (“CPD”) requires the HKRFP members to observe in order to maintain and improve their professional competence and to meet the public expectations about the quality of their services.
1. Credit system
- Members are required to accumulate a minimum of 15 CPD hours per calendar year.
- Members, who have been granted retired status or have extenuating circumstances, are exempted from the CPD requirements.
- The Society may grant exemption to members, who have other reasonable reasons that they are unable to fulfill the CPD requirement in, upon receiving their application.
2. CPD records
- Members are required to maintain appropriate records of all CPD activities completed in a calendar year and sufficient supporting evidence for The Society to audit for at least three years. The report is due upon the membership renewal every year.
- Members are required to file a declaration of CPD compliance with The Society at the time of their annual membership renewal except for those are granted exemption from CPD requirments.
- If a non-compliance member fails to achieve the minimum required number of credits will be given advice on the appropriate CPD activities and an action plan for completing the shortfall within a reasonable period of timefor extension period.
- If, subsequent to the extension period, a member is still found not have achieved the minimum required number of CPD credits or found persistently not complied with the CPD requirements, the member may be referred to the Board for disciplinary action.
4. Qualifying structured courses
A structured course qualified as acceptable CPD if it is a formal course of learning which contributes to the growth in the professional knowledge and professional competence of an individual in the practice of the profession. A formal program means
- the course is at least not less than 50 minutes
- attendance is recorded
- attendees are provided a certificate of completion
5. Qualifying topics.
Courses dealing with the following general subject areas are acceptable:
- Asset management
- Budgeting and cost analysis
- Business ethics
- Business law
- Client and public relations
- Comminication skill
- Computer skills
- Crisis management
- Financial planning
- Human resource management
- Information technology
- Interpersonal skills
- Litigation support
- Management advisory services
- Management and organization
- Motivational and behavioral studies
- Negotiation or dispute resolution
- Practice development
- Presentation skill
- Professional ethics
- Project management
- Specialized areas of industry
- Other relevant professional subjects